Sunday, September 27, 2009

Nikkei Opens Lower On Monday

The yen is up and the dollar is down, so this may not reflect Wall Street's prospects. Having said that, it sure feels like a correction is coming.

Reuters: Nikkei hits 2-mth low below 10,000 on strong yen

But check this out -

Reuters: Barron's sees property-and-casualty insurers rising
These stocks (Allstate, Ace, and Chubb) are the safest major part of the financial sector, Barron's said, due to their strong balance sheets and ample earnings.
Imagine that...

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